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  5. BNS: I own a little ENB, I think I should add to the position of perhaps add PPl to bring the position up. [Bank of Nova Scotia (The)]
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Investment Q&A

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Q: I own a little ENB, I think I should add to the position of perhaps add PPl to bring the position up.
Also TD is my sole financial but want to add another bank or an insurer SLF or another insurer. currently non in my portfolio now.
Of the insurers what % of the insurers would you suggest and is Trisura a good way to increase the position in some way.
I dont own BAM but own BEP & BIF ... is adding to either of these positions the way to go or perhaps adding BAM at this time...
Which CdN bank stocks do you favor most-----
Thank you for your advice. Maureen

Asked by Maureen on March 28, 2022
5i Research Answer:

We can't provide personalized allocations, but remain comfortable with SLF and TSU. SLF's much larger size makes it a safer bet. We like ENB but for diversification we would be fine adding PPL. BEP and BIF's businesses are more focused than BAM, and they are more income stocks with growth potential. BAM is very diversified and may offer some more inflation protection; we would see it as a good 'add' today. BNS and TD can be suggested for banks.